Bank Of Baku

T-bills auction took place on Baku Stock Exchange

T-bills auction took place on Baku Stock Exchange
# 04 February 2009 13:29 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. An auction on the placement of T-bills of Ministry of Finance with the state registration number 10100622S was carried out at Baku Stock Exchange.
Total volume of orders submitted by 5 investors made AZN 29.989.000 at face value
The orders were submitted within the 99.52% (YTM 5.03%) and 99.55% (YTM 4.71%) price interval.
The Ministry of Finance set the cut off price in the amount of 99.52% (YTM 5.03%) and the weighted average price in the amount of 99.53% (YTM 4.92%) The volume of T-bills realized at face value was AZN 18.000.000.
The maturity date of T-bills is March 10, 2009.
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